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Earnings per Common Share
12 Months Ended
Aug. 31, 2025
Earnings Per Share [Abstract]  
Earnings per Common Share Earnings per Common Share
The table below reconciles net income to net income available to common stockholders (in thousands):
Fiscal Year Ended August 31,
202520242023
Net income$90,994 $69,644 $65,993 
Less: Net income allocated to participating securities(260)(246)(272)
Net income available to common stockholders$90,734 $69,398 $65,721 
The table below summarizes the weighted-average number of common shares outstanding included in the calculation of basic and diluted EPS (in thousands):
Fiscal Year Ended August 31,
202520242023
Weighted-average common shares outstanding, basic13,54413,55413,578
Weighted-average dilutive securities232626
Weighted-average common shares outstanding, diluted13,56713,58013,604
For the fiscal years ended August 31, 2025, 2024 and 2023, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 8,705, 1,351 and 4,551, respectively, were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.